55Brokers 1230 views

55brokers was founded 2 years ago. During this time, the company managed to become one of the market leaders. Now the website has over 500+ different reviews of forex brokers from around the world. Our team consists of more than 10 people from all over the world. One of the most popular reviews on the site is the reviews of regulated forex brokers. When choosing a broker, you should be familiar not only with the terms of trading on the platform provided, but also with the conditions under which its activities are carried out. Characteristics such as jurisdiction or available licenses are as important as the size of spreads, commissions or business model. Each broker must have an appropriate license issued by the market controlling authority. Almost every country has a body responsible for issuing licenses and controlling licensed entities. In Poland, the KNF is in the UK FCA and Cyprus by CySEC. Different regulators have different requirements for the subjects, so it is worth studying them a little more accurately, as they greatly affect the safety of the trader. It should be added that the broker receives a license in the country where his company is registered. This factor affects, for example, the size of the guarantee Fund or the reliability of the broker. In addition, important information is the fact that brokers licensed in an EU member state can provide their services throughout the European Union.